Commercial paper A) rates are generally higher than rates on bank loans and comparable sources of short-term financing.

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Commercial paper
A) rates are generally higher than rates on bank loans and comparable sources of short-term financing.
B) generally has a minimum compensating balance requirement.
C) offers the firm with very large credit needs a single source for all its short-term financing.
D) has all of the properties stated above.
Darshita Changed status to publish August 7, 2020
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Answer:

C) offers the firm with very large credit needs a single source for all its short-term financing.

Darshita Changed status to publish August 7, 2020

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